12400 CAPRI N CIRCLE, Treasure Island, FL 33706

Welcome to 12400 Capri Circle N, also known as Osprey Oasis—a rare and extraordinary opportunity to own a newly constructed 2024, fully furnished luxury waterfront compound designed for families who want to vacation together while still enjoying complete privacy. Spanning over 13,000 total square feet with approximately 7,000 square feet of air-conditioned living space, this 10-bedroom, 11.5-bath multifamily triplex is being sold as one complete estate and thoughtfully designed as a legacy vacation retreat, multi-generational family compound, or executive/corporate getaway. The property features three distinct luxury residences: The Perch (3BD/3BA, 1,757 sq ft) with floor-to-ceiling windows and panoramic Gulf views, The Jewel (4BD/4BA, 3,043 sq ft) as the centerpiece with three levels, sunken wet bar, multiple private patios, and expansive entertaining spaces, and The Gem (3BD/3BA, 1,636 sq ft), offering a warm, intimate retreat with a private patio and stunning sunset and water views—allowing everyone their own private residence while still coming together in shared indoor and outdoor spaces. Each unit includes high-end finishes, stainless steel appliances, quartz countertops, spa-like bathrooms with soaking tubs, open-concept living areas filled with natural light, west-facing outdoor spaces, and private garage parking, with a total of four garage spaces across the estate. Outside, the property lives like a private resort, featuring a heated 70-foot saltwater pool, Nordic spa, tiki bar, fitness center, BBQ/grill area, outdoor shower, and multiple gathering areas perfect for creating unforgettable family memories. Boating enthusiasts will appreciate the 109-foot new seawall with three private boat slips, offering the flexibility to share one dock or designate individual slips for each residence, with direct Gulf access. Zoned for monthly rentals, the property provides excellent income-producing potential without sacrificing personal use, and is built with concrete block construction, impact-resistant windows, smart home technology, hurricane-rated features, lush tropical landscaping, and ambient exterior lighting for peace of mind. Seller has elevator renderings and will install an elevator for the top unit. Located minutes from John’s Pass dining and shopping and approximately 30 minutes from Tampa International Airport, Osprey Oasis seamlessly blends luxury, flexibility, and lifestyle in one of Florida’s most sought-after waterfront destinations.